Latest news, sport, business, comment and reviews from The Bastard | Thieving Bastards

Kabul Bank is the topic of the moment in Afghanistan.

Afghanistan - Nervous customers of Kabul Bank withdraw their savings amid fears of possible collapse.

Hundreds of Afghans have been trying to withdraw money from the country's largest bank, amid concerns that it could collapse.

The panic was sparked by reports that Kabul Bank has lent millions of dollars to members of the political elite, who used the money to make risky investments.

Al Jazeera's Hoda Abdel Hamid reports from Kabul.

originally published in

Afghans shocked by Kabul Bank troubles

Photo by AFP

Afghanistan - Kabul Bank is the topic of the moment in Afghanistan.

Last week, several American media outlets broke the story that the bank was in trouble and its top two executives - the chairman and the CEO - had been fired. The bank had apparently over-loaned to its own shareholders, who in turn, invested millions of dollars in property in Dubai.

It took a while for the news to spread around the country, but when it did, it sent

Eight more US Banks Failed this Week

The FDIC estimates that the total cost to the Deposit Insurance Fund (DIF) will be $ 473.5 million.

USA - US bank Regulators have closed Eight more bank on Friday 20^th August 2010.

This takes the total of failed banks in the USA to 118 for the year. If the rate of bank failures continues then as many as 176 US banks will have failed by the end of 2010.

Last year, 2009 140 Banks failed compaired to just 25 banks failing in all of 2008, and only three in 2007.

1. On Friday, August 20, 2010, Community National Bank at Bartow,

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $ 72.0 million.

Only One US Bank has Failed this Week

USA - US bank Regulators have closed one more bank on Friday 13^th August 2010.

This takes the total of failed banks in the USA to 110 for the year. If the

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $ 68.1 million.

Only One US Bank has Failed this Week

USA - US bank Regulators have closed one more bank on Friday 6^th August 2010.

This takes the total of failed banks in the USA to 109 for the year. If the

The estimated total cost to the Deposit Insurance Fund (DIF) for this weeks bank failures is $ 334.7 million.

Five more US Banks have Failed this Week!

USA - US bank Regulators have closed five more banks on Friday30^th July 2010.

This takes the total of failed banks in the USA to 108 for the year.

The estimated total cost to the Deposit Insurance Fund (DIF) for this weeks bank failures is $ 334.8 million.

Seven more US Banks have Failed this Week!

USA - US bank Regulators have closed seven more banks on Friday 23^rd July 2010.

This takes the total of failed banks in the USA to 103 for the year.

Seven European banks fail stress test

Europe - Seven European banks have failed a "stress test" to see if they can handle another financial crisis, a report by the Committee of European Banking Supervisors

Six more US Banks have Failed this Week!

USA - US bank Regulators have closed six more banks on Friday 16^th July 2010.

This takes the total of failed banks in the USA to 96 for the year.

Last

The estimated total cost to the Deposit Insurance Fund (DIF) for this weeks bank failure to be $ 159.9 million.

Four more US Banks have Failed this Week!

USA - US bank Regulators have closed four more bank on Friday 9^th July 2010.

This takes the total of failed banks in the USA to 90 for the year.

Last

Biggest Defaulters on Mortgages Are the Rich

USA - LOS ALTOS, Calif. — No need for tears, but the well-off are losing their master suites and saying goodbye to their wine cellars.

The

The estimated total cost to the Deposit Insurance Fund (DIF) for this weeks bank failure to be $ 284.6 million

Three Banks have Failed this Week!

USA - US bank Regulators have closed three more banks on Friday 25^th June 2010.

This takes the total of failed banks in the USA to 86 for the year.

Last year,

The estimated total cost to the Deposit Insurance Fund (DIF) for this weeks bank failure to be $ 80.9 million

Only One Bank has Failed for the Second Week!

USA - US bank Regulators have closed one more bank on Friday 18th June 2010.

This takes the total of failed banks in the USA to 83 for the year.

Last

Only One Bank Failed this Week!

USA - US bank Regulators have closed one more banks on Friday 11^th June 2010.

This takes the total of failed banks in the USA to 82 for the year.

Last year, 2009

Three Banks Failed this Week!

USA - US bank Regulators have closed three more banks on Friday 4^th June 2010.

This takes the total of failed banks in the USA to 81 for the year.

Last year, 2009

Five Banks Failed this Week!

USA - US bank Regulators have closed five more banks on Friday 28^th May 2010.

This takes the total of failed banks in the USA to 78 for the year.

Last year, 2009 140

UK - Despite the passing into law of the discrimination acts and the provision of goods and services acts, there

Only One Bank Failed this Week!

USA - US bank Regulators have closed one more banks on Friday 21^st May 2010.

This takes the total of failed banks in the USA to 73 for the year.

Last year, 2009

Four more US banks closed this week!

USA - US bank Regulators have closed four more banks on Friday 14th May 2010.

This takes the total of failed banks in the USA to 72 for the year.

Last year, 2009

USA - US bank Regulators have closed four more banks on Friday 7th May 2010.

This takes the total of failed banks in the USA to 68 for the year.

Last year, 2009 140

Seven more US banks closed this week!

USA - US bank Regulators have closed seven more banks on Friday 30^th April 2010.

This takes the total of failed banks in the USA to 64 for the year.

Last

Defending the Indefensible - Throw the Greeks to the Dogs!

Euro-zone - The Greek tragedy in the Euro-zone is coming to a head soon. We keep hearing that the Euro-zone members and the IMF have a bail

USA - US bank Regulators have closed seven more banks on Friday 23^rd April 2010.

This takes the total of failed banks in the USA to 57 for the year.

Last

Eight more US banks closed this week!

USA - US bank Regulators have closed eight more banks on Friday 16th April 2010.

This takes the total of failed banks in the USA to 50 for the year.

Last year,

China reports rare trade deficit

China - China says its trade balance has turned red for the first time in six years as prices of oil and other raw materials continue to rise.

Officials said Saturday that

USA - US bank Regulators have closed one more bank on Friday 9th April 2010.

This takes the total of failed banks in the USA to 42 for the year.

Last year, 2009

Globalisation is Bad for the UK - Libertarians just don't get it

I was having a conversation with my former chief hack Ziggy about the importance of a manufacturing sector in the UK economy.

To which

Dozens of US banks face fraud charges

USA - The US federal government has targeted around 30 financial companies in new cases of potential fraud.

A US federal court is probing a criminal case involving

Four more US banks closed this week!	27/03/2010 00:02
Seven more US banks closed this week!	20/03/2010 09:15
Court audit unveils Lehman's deceptive bookkeeping	13/03/2010 05:54
Four Banks closed this week	12/03/2010 08:56
IMF predicts faster economic recovery in Africa	07/03/2010 23:42
China ready to say goodbye to dollar	07/03/2010 10:09
Four more US Banks failed this week!	06/03/2010 09:18
Two more US Banks failed this week!	27/02/2010 11:00
LLoyds Bank loses £6.3bn as bad debts grow to £24bn	26/02/2010 16:59
Royal Bank of Scotland loses £3.6 Bn But still paid out £1.3 Bn in Bonuses!	26/02/2010 10:55

	All Content © 1992-2010 Somniferum Publishing Oy. Powered By SM CMS © 2004-2010 Sue Malsoft.

This page loaded in 0.171 seconds.